KCAP Financial, Inc. Announces Quarterly Distribution

NEW YORK, Sept. 22, 2017 (GLOBE NEWSWIRE) — The Board of Directors of KCAP Financial, Inc. (Nasdaq:KCAP) approved a cash distribution for the third quarter of 2017 of $0.12 per share of common stock. The distribution is payable on October 26, 2017 to shareholders of record at the close of business as of October 10, 2017.

We have adopted a Dividend Reinvestment Plan (“DRIP”) that provides for reinvestment of our distributions on behalf of our stockholders, unless a stockholder elects to receive cash. As a result, if we declare a cash distribution, our stockholders who have not “opted out” of our DRIP will have their cash distributions automatically reinvested in additional shares of our common stock, rather than receiving cash. Please contact your broker or other financial intermediary for more information regarding the DRIP. Distributions may include net investment income, capital gains and/or return of capital. The tax status of distributions will be determined at the end of the taxable year.

About KCAP Financial, Inc.

KCAP Financial, Inc. is a publicly traded, internally managed business development company. Our middle market investment business originates, structures, finances and manages a portfolio of term loans, mezzanine investments and selected equity securities in middle market companies. Our wholly owned portfolio companies, Trimaran Advisors, L.L.C. and Katonah Debt Advisors, L.L.C. manage collateralized debt obligation funds that invest in broadly syndicated corporate term loans, high-yield bonds and other credit instruments.

KCAP Financial, Inc.’s filings with the Securities and Exchange Commission, earnings releases, press releases and other financial, operational and governance information are available on its website at www.kcapfinancial.com.



Ted Gilpin


(212) 455-8300

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Tidewater Midstream and Infrastructure Ltd. Announces Third Quarter 2017 Dividend

CALGARY, Alberta, Sept. 22, 2017 (GLOBE NEWSWIRE) — Tidewater Midstream and Infrastructure Ltd. (TSXV:TWM) (the “Corporation”) is pleased to announce that its Board has declared a dividend for the third quarter 2017 of $0.01 per common share payable on or about October 31, 2017 to shareholders of record on September 29, 2017. The ex-dividend date is September 28, 2017. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada).

The Corporation’s Business

Tidewater is publicly traded on the TSX Venture Exchange under the symbol “TWM.V”. Tidewater’s business objective is to build a diversified midstream and infrastructure company in the North American natural gas and natural gas liquids (“NGL”) space. Its strategy is to profitably grow and create shareholder value through the acquisition and development of oil and gas infrastructure. Tidewater plans to achieve its business objective by providing customers with a full service, vertically integrated value chain through the acquisition and development of oil and gas infrastructure including: gas plants, pipelines, railcars, trucks, export terminals and storage facilities.

Additional information relating to Tidewater is available on SEDAR at www.sedar.com and at www.tidewatermidstream.com.

U.S. Securities Laws

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold within the United States unless an exemption from such registration is available.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.

TSX Venture Exchange

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

Tidewater Midstream and Infrastructure Ltd.
Joel A. MacLeod
Chairman, President and Chief Executive Officer

FT Portfolios Canada Co. Announces the Revision of the Ex-Dividend Date for Cash Distributions of Its Exchange Traded Funds

TORONTO, Sept. 22, 2017 (GLOBE NEWSWIRE) — FT Portfolios Canada Co. today announced the revision of the ex-dividend date for cash distributions of its Exchange Traded Funds listed on the Toronto Stock Exchange for the period ending September 30, 2017. 

The cash distributions ex-dividend date is revised to read as September 28, 2017.

Details for the per unit distribution amounts and other info previously announced on September 20, 2017 remain unchanged.

For further information, please contact: FT Portfolios Canada Co.